Electroneum - My New Strategy!

If you're looking for financial advice, I can tell you that I don't have any. But what I do have are very particular set of skills, skills I have acquired over a very long career, skills that make me a nightmare for market manipulators. And if you stop the manipulation now, That'll be the end of it. Hey you guys, welcome back to the channel. If you don't know where that is, that's the line from Taken, from Taken with Liam Neeson. So, um, anyway guys, I hope you guys are having a great weekend. I want to do my weekly check-in video with Electroneum. So I, I got a new strategy guys, and, um, I want to talk about what I'm going to be doing, uh, in my latest strategy here with Electroneum. And, um, had a conversation, uh, I think through a comment thread, um, and, uh, we were talking about how the great, uh, situation with attractive pricing of, uh, coins can offer many opportunities. And what I mean by that, guys, is that there's a, there's such thing in markets as attractive pricing. And it basically means people like to buy things more at certain prices when they, when they look attractive, they look, you know, that's why a lot of markets like to price things at a dollar or something like that, because people's minds automatically click, this is a good buy because of the upside potential. And that's what the conversation was about a lot. It was about upside potential, you know, with us dealing with fractions of pennies within Electroneum, like how easy, how much easier it is for us to gain upside potential. So kind of like if you think about Bitcoin, even though Bitcoin's dropped now, uh, down, uh, $3,200, I think at one time it dropped under $3,200. But even for you to get 100% return on Bitcoin, Bitcoin would not have to jump all the way from $3,200 to over $6,400. And, you know, of course, us thinking about something like that now would just be utterly, you know, impossible. But now, like with Electroneum, if Electroneum went over a penny, that wouldn't be such a huge feat. And it would give you over 100% return, which, you know, which obviously would be a good thing. Now, a lot of people would go in this bear market, they're probably not expecting it, but, uh, there's a token I have been covering in some of my, um, videos as of late, and it's been Waves. And I've always been a supporter of Waves for the longest since I got into cryptocurrency, and Waves has pretty much managed to go against Bitcoin and double in value. It's actually gaining against Bitcoin. So there are altcoins that have these capabilities and that can do that. And the more lower their value price is, and if they're a good project like Waves and like Electroneum, then these things are very possible. Now, so part of what my strategy is, guys, it's just my strategy. You know, again, I don't give financial advice. I'm just kind of pretty much telling you all what I'm doing. But, um, you know, basically I'm looking at this price, which is an awesome price, but I think I can get a better price than this on Electroneum. And I think maybe many of you all can too. And that's due to the, the fact that, uh, you know, many of us feel, uh, that, uh, um, uh, Bitcoin is due to drop at least another 30%. You know, a lot of us are looking for Bitcoin prices in the $2,000 range, also going into 2019. Some people think this bear market is gonna kind of shrug along through 2019, maybe, maybe into the first two quarters. So kind of some grim predictions, but I'm kind of optimistic in a weird way, guys, and I'm gonna tell you why. And because I think Bitcoin is going to probably drop another 20 to 30%. I think it's going to probably pull, uh, Electroneum down a little bit and some other altcoins down quite a bit because of the exaggeration. So it may pull us down and we might see Electroneum— I don't know, we might see it at a third of a penny or something like that, or a fourth. But the, the, the thing is, uh, for me, that's the time to really, really dollar cost average on this because, uh, like the conversation I had for this thing to hit around a penny again would be very possible, very likely. Doesn't have to move that much to gain 30, 40%, you know, a few points this thing only has to move. So I like that, but I also like the— I like the fact that this bear market, I think, is gonna flush out. And I really, guys, I, you know, I kind of— I don't when people are really working on a project and they really believe in it, you know, you, and you want it to be successful, uh, if they're really working hard and trying to make it work. But, you know, then the market is also an indication of when your projects don't work and when your business doesn't work. So the reason I kind of like the situation a little bit as it is is because I think it's going to flush out a lot of these altcoins that are left over from the ICOs. And what's going to happen is I think it's going to be a very better overall situation for cryptocurrency because a lot of the coins that remain is going to mean that they're good coins. Remember, this is the cryptocurrency market. There are no bailouts here. So whoever's left standing, that means they're supposed to be here for a reason. And that's— and when people do come into cryptocurrency, Now we're going to actually be moving value. Of course, Electroneum is going to survive. It's a good coin, it has a good product, and there are going to be several others that, uh, survive. But we're going to be left, guys, with a very much better place to do cryptocurrency in. And the lower Electroneum goes, for me, that's just more opportunity because this thing's dropping fractions of a penny. It gets to 2 or 3 cents. Listen, your upside potential on Electroneum is far greater than you're going to get with Bitcoin and many of these other coins. So the more fractions of the pennies it dips into, that's a lot of opportunity. Just think about it when it went like to 2.6 cents. Now you can get several times this, uh, at this price. And And even if it gets around 1 penny or 2 pennies, you're probably 2, 3 times your, you know, um, you know, your value. And so, uh, for me, uh, I, I, I am kind of with the camp that we're going to see the, uh, the market capitalization drop below $100 billion. We might get in the $70 billion range, guys. But when we correct, and I, I think Electroneum will correct, uh, will, will start to get some upside potential, uh, before the other coins. I, I think what we're going to see with Electroneum when they come out with the, uh, iOS, um, application, I think we may see a similar situation to what we got with Waves over the Waves blockchain because they, they launched a user-friendly mobile wallet app and after that they just kept going up and up. And I think we may get a similar situation with Electroneum. So guys, uh, those— these are tough times, dark clouds, uh, but, uh, even if this bear slugs on, I do think we're going to see some breakouts here in Electroneum soon. So guys, that's all I wanted to, um, say in this video. Guys, if you like content like this, don't forget to like, subscribe, and until next time, take care.